Forex Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
Thai Baht/British Pound (FOREX:THBGBP)
Long-Term Downtrend (-90) - THBGBP is in a strong downtrend that is likely to continue. While THBGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid THBGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for THBGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THBGBP
The long-term trend has been DOWN since Jan 12th, 2021 at 0.02443637
The intermediate-term trend has been DOWN since Jan 12th, 2021 at 0.02443637
The short-term trend has been DOWN since Apr 13th, 2021 at 0.02306546
Smart Scan Analysis for THBGBP
Based on our trend formula, THBGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).